Cyber Risks · The Hacker News

It's Time To Untangle the SaaS Ball of Yarn

Summary: SaaS applications have become so deeply interconnected that most security and IT teams do not know how many are connected to their environments, what they are, or what permissions they hold. The article cites a 68% rise in attacks from third-party apps in 2023, and notes that the Snowflake-related breaches at Ticketmaster, Santander Bank, and Advance Auto Parts stemmed from past stolen credentials, cloud storage vaults set up without an IDP or MFA, and data protected only by passwords.

Key Takeaway: Threat actors target third-party SaaS vendors because one compromise reaches not one company's crown jewels but many, and a 68% jump in third-party app attacks in 2023 is a number that will only grow as SaaS adoption rises. If you cannot enumerate the apps holding permissions to your data, you cannot defend them or explain to a regulator why an unknown third party had access.

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Threat Actors & Nation-State
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